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USAA P&C Insurance Adjuster Exam Questions and Answers 100% Accurate
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Hazard - ANSWER-Condition that create or increases the chance or loss or contributes to the loss Physical Hazard - ANSWER-Visible ( operational features of a risk) Moral Hazard - ANSWER-Intentional dishonesty or illegal actions of a person (arson) Morale Hazard - ANSWER-Carelessness or indifference ( attitude). Takes additional risks (negligence) Pure Risk - ANSWER-Chance of loss. Insurable Law of Large Numbers - ANSWER-Law of average. Helps predict future losses accurately (sets pricing for insurance) Speculative Risk - ANSWER-Chance of gain/loss. NOT Insurable (gambling) The 4 Parts of an Insurance Contract - ANSWER-D.I.C.E Declarations, Insuring Agreement, Conditions, Exclusions
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USAA P&C Insurance Adjuster
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USAA P&C Insurance Adjuster
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usaa pc insurance adjuster exam questions and ans
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usaa pc insurance adjuster exam questions stuvia
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perils answer causes of loss identified in the p
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